Bankrupt · Opening faillissement (CBE)

FRAIMCO

BE0886574753

Rechtspersoon Private limited company 1 establishment

FRAIMCO is registered with the CBE as active in: Activiteiten van adviesbureaus op het gebied van public relations en communicatie. Private Limited, started on 19 January 2007, 1 establishment.

Itterbeeksebaan 383 box 1, 1701 Dilbeek

Behind the company: ELFA CREA BV.

Start date

19 January 2007

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

  • Tight liquidity NBB

    Cash and receivables cover 46 % of short-term debt in 2023; threshold 65 %.

  • Legal situation KBO

    Opening faillissement according to the CBE.

Financials

Financial year 2023

FRAIMCO from Dilbeek, company number BE0886574753, closed financial year 2023 with a result of € 3,539 after tax. For that financial year FRAIMCO recorded a gross margin of € 214,678 and equity of € 679,747. Compared with financial year 2022, the result moved from € -27,706 to € 3,539. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on November 30, 2023.

What it is worth Growing

€ 679,747

▲ 1% vs 2022

Assets minus debts, by the books. What is left if everything were sold and paid today.

Profit Growing

€ 3,539

▲ still € 27,706 loss in 2022

Profit after tax over the fiscal year.

Cash in the bank

€ 5,730

▼ 93% vs 2022

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Growing

Stays in the company

No dividend for 2023. Retained profit grew to € 108,528.

People and assets in 2023

Full-time equivalents

3

▼ 1.2 vs 2022

Average over the fiscal year, from the social balance sheet.

Wage cost

€ 60,103

▼ 54% vs 2022

€ 20,000 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.

Vehicles and equipment

€ 164,009

▼ 23% vs 2022

Book value of vehicles, furniture and equipment.

Debts at end 2023

Bank debt ≈ 9 years to go

€ 335,705

▼ 34% vs 2022

€ 17,213 is repaid this year. At this pace the long-term loan is gone in ≈ 9 years.

Owed to suppliers

€ 393,890

▲ 55% vs 2022

Supplier invoices still open on the last day of the fiscal year.

Taxes and wages

€ 5,299

▼ 71% vs 2022

Taxes, VAT and social contributions still to pay.

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Key figures per fiscal year Download key figures (CSV)
20222023Change 2022 → 2023
Gross margin € 268,353 € 214,678 ▼ 20%
Profit after taxes € -27,706 € 3,539 ▲ € 31,245
Equity € 676,207 € 679,747 ▲ 1%
Total debts € 921,416 € 820,299 ▼ 11%
Cash € 87,477 € 5,730 ▼ 93%
Land & buildings € 675,380 € 664,458 ▼ 2%
Retained profit € 104,989 € 108,528 ▲ 3%
Bank debt € 504,969 € 335,705 ▼ 34%
Balance sheet total € 1,597,623 € 1,500,046 ▼ 6%
Employees (FTE) 4.2 3 ▼ 1.2

Key figures of FRAIMCO, fiscal years 2022 to 2023, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2024 has not been filed yet; it was expected before 31 October 2024.

What happened to FRAIMCO?

What happened at FRAIMCO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

FRAIMCO is active according to the CBE. Legal situation: Opening faillissement.

  • New annual accounts for financial year 2023: profit of € 3,539. filed late Source: NBB ↗
  • ELFA CREA BV became a director. NBB
  • Start of the company according to the CBE. KBO
  • New establishment in Dilbeek. KBO

In short

From € 27,706 loss in 2022 to € 3,539 profit in 2023.

Best year ever: 2023, with € 3,539 profit.

On average € 71,600 of value added per employee in 2023.

Management

ELFA CREA 100%

The stake of ELFA CREA comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.

FRAIMCO

Behind FRAIMCO is ELFA CREA BV. The shares are held by ELFA CREA (100%).

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Directors

According to the 2023 annual accounts

ELFA CREA BV

Director · represented by Frederik Ragé

since 2017

Shareholders

Participations

No participations in other companies reported.

Establishments

Establishment units

Physical locations of this company

Registered office

Itterbeeksebaan 383 box 1

1701 Dilbeek

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 1 companies are registered at this address.

All companies at this address →

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number
0886.574.753
VAT number
BE 0886.574.753
Registered office
Itterbeeksebaan 383 bus 1, 1701 Dilbeek
Names & denominations
FRAIMCO
Enterprise type
Rechtspersoon
Legal form
Private limited company
Legal situation
Opening faillissement
Start date
19 January 2007
Peppol
Not registered
Activities · NACE

Activiteiten van adviesbureaus op het gebied van public relations en communicatie

Public relationsbureaus

Adviesbureaus op het gebied van public relations en communicatie

Ontwikkeling van niet-residentiële bouwprojecten

Frequently asked questions

What does FRAIMCO do?
FRAIMCO is registered with the CBE as active in: Activiteiten van adviesbureaus op het gebied van public relations en communicatie. Private Limited, started on 19 January 2007, 1 establishment.
What is the address of FRAIMCO?
The registered office of FRAIMCO is located at Itterbeeksebaan 383 box 1, 1701 Dilbeek.
Is FRAIMCO still active?
No. The CBE lists FRAIMCO with legal situation “Opening faillissement”. The date of the court ruling is published in the Belgian Official Gazette; the register does not carry it.
Is FRAIMCO registered on Peppol?
No, FRAIMCO is currently not registered on the Peppol network.
What is the enterprise number of FRAIMCO?
The enterprise number of FRAIMCO is BE0886574753.
When was FRAIMCO founded?
FRAIMCO was founded on 19 January 2007.